Riverfront Dyn Asia Pacific ETF FT (RFAP) Technical Analysis
NASDAQ:RFAP
Current stock price
RFAP Technical Rating and Analysis
Taking everything into account, RFAP scores 5 out of 10 in our technical rating. In the last year, RFAP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: RFAP has an average volume of 800 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- RFAP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RFAP is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, RFAP outperforms 57% of them, which is more or less in line with the market.
- In the last month RFAP has a been trading in a tight range between 56.00 and 59.34.
- Considerably lower volume is observed in the last couple of days.
RFAP Weekly and Daily overview Charts
RFAP Setup Rating and Analysis
RFAP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.20, a Stop Loss order could be placed below this zone.
More info and screens
RFAP Support and Resistance Analysis
55.69
We found 2 important support areas.
- A support zone ranging from 57.78 to 58.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.25 to 56.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.50 to 59.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
RFAP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RFAP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RFAP is neutral. |
| ChartMill Relative Strength | 57.51 | NEUTRAL | RFAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RFAP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for RFAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RFAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.2 | NEUTRAL | The Stochastics value for RFAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for RFAP suggests low volalility. |
RFAP Chart- and CandleStick Pattern Analysis
RFAP Technicals: Chart, Performance Metrics, Trend & Indicators
Riverfront Dyn Asia Pacific ETF FT
NASDAQ:RFAP (8/25/2021, 8:57:45 PM)
58.3619
+0.76 (+1.32%)
Riverfront Dyn Asia Pacific ETF FT / RFAP TA FAQ
What is the ChartMill technical rating of Riverfront Dyn Asia Pacific ETF FT (RFAP) stock?
ChartMill assigns a technical rating of 5 / 10 to RFAP.
Can you provide the trend direction for Riverfront Dyn Asia Pacific ETF FT?
The current trend direction for Riverfront Dyn Asia Pacific ETF FT (RFAP) is Bullish.
Can you provide the RSI signal for Riverfront Dyn Asia Pacific ETF FT?
Riverfront Dyn Asia Pacific ETF FT (RFAP) has an RSI value of 52.7508. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for Riverfront Dyn Asia Pacific ETF FT?
Riverfront Dyn Asia Pacific ETF FT (RFAP) has a support level at 58.2 and a resistance level at 58.5. Check the full technical report for our detailed analysis of RFAP support and resistance levels.